Declares that such rules shall have no force or effect.
[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 58 Introduced in House (IH)]
108th CONGRESS
1st Session
H. J. RES. 58
Disapproving the rules submitted by the Secretary of the Treasury
relating to section 326(a) of the Uniting and Strengthening America by
Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism (USA PATRIOT ACT) Act of 2001.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 22, 2003
Mr. Tancredo introduced the following joint resolution; which was
referred to the Committee on Financial Services
_______________________________________________________________________
JOINT RESOLUTION
Disapproving the rules submitted by the Secretary of the Treasury
relating to section 326(a) of the Uniting and Strengthening America by
Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism (USA PATRIOT ACT) Act of 2001.
Whereas section 326(a) of the Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism (USA
PATRIOT ACT) Act of 2001 amended section 5318 of title 31, United States
Code, to require the Secretary of the Treasury to draft regulations
that, at a minimum, required financial institutions to implement
procedures for verifying the identity of any person seeking to open an
account, to the extent reasonable and practicable;
Whereas the Secretary of the Treasury issued final rules pursuant to that
provision on April 30, 2003;
Whereas such rules, as promulgated, permit financial institutions to accept
certain unverifiable forms of identification from ``non-United States
persons'' in direct violation of the clear intent of Congress as
expressed in section 326(a) of the USA PATRIOT Act;
Whereas there is abundant evidence of the non-verifiable and unreliable nature
of identification documents issued by foreign governments to foreign
nationals residing within the United States, including the ``Matricula
Consular'' card issued by the Government of Mexico;
Whereas the Government of Mexico has acknowledged that there is no civil or
criminal penalty for making false statements in its application for the
``Matricula Consular'' card;
Whereas many additional foreign governments will undoubtedly follow the example
of Mexico if the United States Government gives formal sanction to the
use of Mexico's ``Matricula Consular'' identification cards; and
Whereas a massive number of unverifiable documents being used by foreign
nationals within the United States poses a national security threat
through a potential vast expansion of bank accounts used for the
transfer of money abroad: Now, therefore, be it
Resolved by the Senate and House of Representatives of the United
States of America in Congress assembled, That Congress disapproves the
rules submitted by the Secretary of the Treasury relating to section
5318(l) of title 31, United States Code, as amended by section 326(a)
of the Uniting and Strengthening America by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of
2001, and such rule shall have no force or effect.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line